Meiji Yasuda Asset Management Co Ltd. Acquires 247 Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

Meiji Yasuda Asset Management Co Ltd. increased its stake in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) by 10.3% during the second quarter, according to its most recent filing with the SEC. The fund owned 2,645 shares of the company’s stock after buying an additional 247 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Take-Two Interactive Software were worth $411,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Pin Oak Investment Advisors Inc. grew its position in shares of Take-Two Interactive Software by 485.7% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 164 shares of the company’s stock valued at $26,000 after acquiring an additional 136 shares during the period. ORG Partners LLC grew its holdings in Take-Two Interactive Software by 5,533.3% during the first quarter. ORG Partners LLC now owns 169 shares of the company’s stock valued at $25,000 after purchasing an additional 166 shares during the period. Crewe Advisors LLC grew its holdings in Take-Two Interactive Software by 297.9% during the second quarter. Crewe Advisors LLC now owns 191 shares of the company’s stock valued at $30,000 after purchasing an additional 143 shares during the period. UMB Bank n.a. increased its position in Take-Two Interactive Software by 155.1% in the second quarter. UMB Bank n.a. now owns 199 shares of the company’s stock worth $31,000 after buying an additional 121 shares during the last quarter. Finally, HHM Wealth Advisors LLC bought a new stake in shares of Take-Two Interactive Software in the second quarter valued at $37,000. Institutional investors own 95.46% of the company’s stock.

Take-Two Interactive Software Trading Down 3.2 %

Shares of TTWO stock opened at $148.78 on Friday. The business has a 50-day moving average price of $151.85 and a two-hundred day moving average price of $151.17. Take-Two Interactive Software, Inc. has a 12-month low of $130.34 and a 12-month high of $171.59. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.51. The firm has a market cap of $25.50 billion, a P/E ratio of -6.77, a price-to-earnings-growth ratio of 4.43 and a beta of 0.86.

Take-Two Interactive Software (NASDAQ:TTWO) last released its earnings results on Thursday, August 8th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.09. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.24 billion. Take-Two Interactive Software had a positive return on equity of 1.74% and a negative net margin of 70.33%. Equities analysts anticipate that Take-Two Interactive Software, Inc. will post 1.06 EPS for the current fiscal year.

Insider Buying and Selling at Take-Two Interactive Software

In other news, Director Michael Sheresky sold 191 shares of Take-Two Interactive Software stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $149.83, for a total value of $28,617.53. Following the transaction, the director now owns 64,378 shares in the company, valued at $9,645,755.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TTWO shares. HSBC raised Take-Two Interactive Software from a “hold” rating to a “buy” rating and set a $179.00 price objective for the company in a report on Monday, August 12th. Redburn Atlantic initiated coverage on shares of Take-Two Interactive Software in a research report on Thursday, August 29th. They issued a “buy” rating and a $194.00 price target on the stock. Stifel Nicolaus upped their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Bank of America reiterated a “buy” rating and issued a $185.00 price objective on shares of Take-Two Interactive Software in a research note on Wednesday, August 21st. Finally, Benchmark raised their price target on Take-Two Interactive Software from $200.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have given a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $183.55.

Take-Two Interactive Software Profile

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. The company offers its products under the Rockstar Games, 2K, Private Division, and Zynga names. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, LA Noire, and Red Dead Redemption names.